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The company operates its namesake Hertz brand, along with the brands Dollar Rent A Car, Firefly Car Rental and Thrifty Car Rental. It is one of the three big rental car holding companies in the United States, holding a 36% market share, placing it ahead of Avis Budget Group and second to Enterprise Holdings. [2]
In 2011, Avis Budget Group acquired Avis Europe, an independently owned company licensee, globally reuniting the Avis and Budget brands. [10] On September 5, 2012, Avis Budget Group acquired Apex Car Rentals of New Zealand. [11] On March 14, 2013, Avis Budget Group purchased carsharing company Zipcar for about US$500 million in cash. [12] [13]
The objectives of ACRISS are "to develop clear common standards for Car Rental services and Transfers (Vehicle with Driver Service Industry) in Europe, Middle East & Africa." [ 2 ] [ 4 ] ACRISS has developed standardised codes for classifying cars (including the optional equipment that is fitted), optional extras, airport locations and ...
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Dollar Thrifty Automotive Group (DTG) on Thursday confirmed that it received a bid from Avis Budget Group (CAR) to acquire all of Dollar Thrifty common stock for $39.25 in cash and 0.6543 share of ...
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